v3.26.1
COMMON STOCK AND STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
May 31, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following table summarizes the Company's total stock-based compensation expense recognized in Cost of sales or Operating overhead expense, as applicable: 
 YEAR ENDED MAY 31,
(Dollars in millions)
202620252024
Stock options$278 $292 $336 
ESPPs58 69 69 
Restricted stock and restricted stock units379 348 399 
TOTAL STOCK-BASED COMPENSATION EXPENSE$715 $709 $804 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The weighted average assumptions used to estimate these fair values were as follows:
 YEAR ENDED MAY 31,
202620252024
Dividend yield2.2 %1.6 %1.2 %
Expected volatility33.1 %31.1 %29.3 %
Weighted average expected life (in years)6.36.05.8
Risk-free interest rate3.8 %3.8 %4.3 %
Schedule of Share-based Compensation, Stock Options, Activity
The following summarizes the stock option transactions under the plan discussed above: 
SHARES(1)
WEIGHTED AVERAGE OPTION PRICE
(In millions)
Options outstanding as of May 31, 202575.1 $97.99 
Exercised(2.7)57.18 
Expired or forfeited(6.7)97.96 
Granted11.1 77.30 
Options outstanding as of May 31, 202676.8 $96.44 
(1)Includes stock appreciation rights transactions.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following summarizes the restricted stock and restricted stock units transactions under the plan discussed above: 
SHARESWEIGHTED AVERAGE GRANT DATE
FAIR VALUE
(In millions)
Nonvested as of May 31, 202510.7 $94.29
Vested(3.4)97.83
Forfeited(1.8)85.44
Granted7.0 74.45
Nonvested as of May 31, 202612.5 $81.20